Indonesia Endoscopes Market Size & Outlook, 2023-2030
Indonesia endoscopes market, 2018-2030 (US$M)
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Indonesia endoscopes market highlights
- The Indonesia endoscopes market generated a revenue of USD 68.0 million in 2023 and is expected to reach USD 146.3 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
- In terms of segment, flexible endoscopes market was the largest revenue generating product in 2023.
- Disposable Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Endoscopes market data book summary
| Market revenue in 2023 | USD 68.0 million |
| Market revenue in 2030 | USD 146.3 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Flexible endoscopes market |
| Fastest growing segment | Disposable Endoscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Endoscopes Market, Robot Assisted Endoscope Market, Disposable Endoscopes, Capsule Endoscopes Market, Flexible Endoscopes Market |
Other key industry trends
- In terms of revenue, Indonesia accounted for 0.5% of the global endoscopes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China endoscopes market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,043.0 million by 2030.
Flexible endoscopes market was the largest segment with a revenue share of 46.18% in 2023. Horizon Databook has segmented the Indonesia endoscopes market based on rigid endoscopes market, robot assisted endoscope market, disposable endoscopes, capsule endoscopes market, flexible endoscopes market covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth is primarily driven by increasing awareness about minimally invasive procedures, the growing geriatric population, and the presence of endoscopy training centers for healthcare professionals.
According to the data from Susenas in 2018, there were approximately 25.7 million individuals aged 65 years and above in Indonesia, accounting for 9.6% of the population. By 2025, this demographic is projected to grow by over 40%, making Indonesia one of the fastest-aging countries in Asia.
In addition, the launch of the mandatory health insurance scheme, Badan Penyelenggara Jaminan Sosial (BPJS), is expected to impact market growth positively. Implementing BPJS has increased the number of patients seeking primary care in clinics and lower-tier hospitals, creating opportunities for private healthcare providers due to the growth in private health insurance sector.
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Endoscopes Market Scope
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Indonesia endoscopes market size, by product, 2018-2030 (US$M)
Indonesia Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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